It is 17 weeks that the gold is trying to break the $2400 USD, but it is unable to do so. in technical terms we can see a clear stop hunt and moving in a side zone which looks like a distribution phase. on fundamental side, due the uncertainties related to US presidency election and The Middle East critical situation i think the price will drop in next weeks.
The chart suggests a strong uptrend in gold prices with potential resistance around 2454.2 USD. Monitoring how the price behaves at this resistance will be crucial for future predictions. A break above could signal further bullish movement, while a reversal could indicate a pullback to lower support levels. Bullish Scenario: If the price breaks above the high...
In my last analysis on Total 3, I told you that I cant see any hope for a soft landing and I warned you. please be cautious or be ready for a big loss.
It will be a good opportunity to buy BTC at 24800-25K. The price may move sideways for some time and then start its rally. For buying, please wait for price consolidation and be patient.
based on daily time frame and by attention to channel the controlling the price movement. we don't expect much volatility in current week.
Finally the price has been broken the wedge, find a good entry point and enjoy. you can take your profit at green levels (21.30, 22.78, 23.68)
on last analysis of Solana I mentioned that the wedge is controlling the price ant it is risky to get short on Solana. and as we can see the wedge still is valid and we recommend to don't go for short trading and for long it needs break conformation.
The reason for combining the baseline with SMA is that the baseline provides a good signal for price continuation, while the crossover gives a solid and reliable signal for entering a trade. This signal also helps to identify a suitable point for placing your stop loss. To use this signal, you must wait for the crossover and then enter the trade after the first...
Hi, I can see a wedge in the Oil 4H time frame. The entry level is between 74.20-74.8. You can set your stop loss at 75.1 and your target for this pattern should be at 71, 70.1 and 69. It's better to wait and watch for price consolidation at the entry point before entering the trade.
in Daily time frame we can see a wedge that controlling the price movement, and it can led the price to a bullish rally. we don't recommend to go long before breaking the wedge and conformation but we recommend to don't go for short.
Hi investors and traders, as you can see we need just one push to break below the bullish trend for alts. and it can create a big panic sale in the market. so please be carful about buying or even trading on any crypto pair for hope of long term investment.
Price after reaching to HH started the downtrend and after heating the demand zone, started its pullbacks that created multiple LH. It seems the power of demand zone is decreasing (deep penetration in 26APRIL) and price started its consolidation.
this analysis helps you to take more clear decision about your trades. still we are in consolidation trend and any break can be described as fake break out, so take supply and demand zones valid and trade carefully.
any break above the resistance line can create sharp increase in the price and push the price higher and higher. the history of chart show that every time the price was successfully braked the resistance line we saw 500 percent increase in the price value. so may be this year be a new golden year for Gold. by pushing the banking sector crisis by the fed hike...
Its been a long time that S&P500 is struggling to break the yellow area (supply zone), and by the fact that the S&P shows the overall situation of economy I don't have so much hope for breaking the supply zone and I think the decline is coming.
The blue channel still is valid for BT and still we cannot expect any correction happen until the price riches to 31-32K. also still the volume is so low that makes the analysis so uncomfortable cause by increasing the volume any thing can happen in the market.
By Breaking the triangle price can decline so sharp. so be carful on your long positions.
The reason why I opened this trade was breaking the price below the wedge, successful pull back and close under the SMA7.